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School building officials recommend revote, present analysis showing new build cheaper than long-term repairs
Summary
Building committee members and school officials recommended a revote on a proposed new high school and presented financial models showing a MSBA-supported new build (~$256M over 30 years) compares favorably to a staged-repair strategy modeled at about $539M including interest; the school committee will vote on the recommendation Wednesday.
School building officials and community speakers on Monday recommended a revote on a rejected plan for a new high school, saying that accepting Massachusetts School Building Authority (MSBA) support and building new would be more predictable and less costly over the long term than piecemeal repairs.
The presenter said the group’s analysis shows there is "no zerocost option" and that a phased repair strategy could cost roughly $539 million including principal and interest over the modeled period, compared with about $256 million for a new build financed with MSBA support and paid over 30 years. The presenter also said a current detailed estimate to address known, high‑priority needs in today’s dollars is about $134 million and that the district’s share for a new build is around $148…
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